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TCDRS representative tells Scurry County its plan is well‑funded; offers options on rates and COLAs
Summary
A Texas County & District Retirement System employer‑services representative briefed Scurry County on plan funding and options, reporting the county’s funded ratio near 94.4%, a current employer rate of 10.42% and a projected required rate of 10.18% next year; she urged commissioners to consider elective rates and explained options for cost‑of‑living adjustments.
A representative from the Texas County & District Retirement System (TCDRS) told Scurry County Commissioners that the system and the county’s plan are in generally strong condition and outlined options county officials have for contribution rates and retiree cost‑of‑living adjustments.
The presenter, who identified herself as the county’s TCDRS employer‑services representative, said the statewide TCDRS system is well funded and…
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